Retirement Cash Flow Calculator

Use this calculator to clarify your financial picture in retirement. You'll be able to categorize your income and expenses, get a snapshot of your situation, and identify any shortfalls.

Note: This tool takes about five minutes to complete. Please enter your total household after-tax figures and ensure that all entries reflect actual values.

Your Household Retirement Income

Work income:

$

Funds from your investments:

Registered plans

$

Registered Plans

Money that you take from your RRSP, RRIF, LIF etc.

Annuities

$

Annuities

Income from your annuities.

Investment income

$

Investment Income

Any dividends, interest or capital gains that you receive from your investments. You only want to consider the amounts that you actually receive as income. Do not include amounts that are automatically re-invested.

Investment sale

$

Investment Sale

Funds that you get from selling your investments.

Government benefits:

Government Benefits

Any pensions such as OAS, CPP etc. Check out the Government of Canada website for tables of rates for Old Age Security, Guaranteed Income Supplement and the Allowance and for Canada Pension Plan (CPP) - Payment Rates.

Other Possible Discretionary Expenses

Thank you for taking the time to complete the Retirement Cash Flow Calculator. This report contains general information that we hope will help you determine solutions for your unique needs.

This worksheet is for illustration purposes only. These results are based on the accuracy and completeness of the data you have entered and are for informational purposes only and should not be relied on for advice. You should consult your advisor to help you use the results of this calculator in building your plan.

Respecting your privacy is important to us. Please note that RBC Insurance® does not retain any of the personal information that you provide in these screens.

This worksheet/calculator is for illustration purposes only. The strategies, advice and technical content are provided for the general guidance of our clients, based on information that we believe to be accurate, but we cannot guarantee its accuracy or completeness. This worksheet/calculator is not intended as nor does it constitute financial, tax or legal advice. Readers should consult their own lawyer, accountant or other professional when planning to implement a strategy. This will ensure that their own circumstances have been considered properly and that action is taken on the latest available information. Interest rates, market conditions, tax rules and other investment factors are subject to change.

RBC Life Insurance Company makes no warranties, expressed or implied, as to the accuracy or completeness of the information contained herein. RBC Life Insurance Company shall not be liable for any losses or damages arising from any errors or omissions in such information or results, or any action or decision made by you in reliance on any information or results.

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